Doing business in Vietnam

This is with regards to your email from which a Korean Company (hereinafter referred to as “Client”) requested us to assist in setting up foreign invested company, (hereinafter referred to as “FIC”) in Vietnam. We further understand that upon establishment, FIC shall carryout import and supplying equipments or spare parts...

Question: We are a commercial foreign bank having branch in Vietnam and would like to seek a law firm in Vietnam, please advise this? Answer: Further to our discussion from which we were requested to provide legal retainer services to Commercial foreign Bank in Vietnam  (hereinafter referred to as “BANK”),...

Question: I just open a new business in Vietnam and I would like to import some cosmetics products from Hongkong. However, I have noticed that there are lots of processes and filings I need to prepare and hence I would like to seek for your help to complete it....

Representative Office (R.O) needs to submit in writing the annual report to Department of Industry and Trade by January 30th, 2015.  (Article 19, Decree no. 72/2006/ND-CP detailing the Trade Law's regulation on Rep.Office, Branch of foreign businesses in Vietnam provided that, prior to the final working day of January, R.O has to report...

Question: It's my great honor to know you through the Internet. Our company is located in Hongkong, which is dedicated in management consulting, registration. And now there is a client from our company who wants to establish a company in Vietnam . Therefore, I have some questions to consult you and wish you can help us. 1.How many shareholders for start-ups will required?If there any nationality or domicile will required? 2.How many directors for start-ups will required?If there any nationality or domicile will be required? 3.How much registered capital for start-ups will required?Do the clients deposit the money in the company`s bank account? 4.Whether office agency requires a practical office address? 5.What materials my client must provide when the shareholders are individual ? Could you give me a checklist? 6.What materials my client must provide when the shareholders are as a company ?Could you give me a checklist? 7.Need all materials my provide be notarized ? 8.How long does it take to complete registering a office agency? 9.After setting up company,what materials my client will obtain?please tell me detail? 10.How much will you charge for the company registration, and what kind of service will be included? 11.Is there any tax required? If my client wants to...

Q: Do you think there will be a chance that foreign ownership restriction in the transportation sector might be loosened at least towards investors from ASEAN countries following AEC integration? A: According to my opinion, AEC shall not help much in this case. Purpose of AEC is to create an...

We would like to provide some information on possibilities of setting up representative office in Binh Duong Province, Vietnam as follows:

We refer with thanks to the conservation from which we were requested to advice on possibilities of setting up a foreign invested company for doing business of Testing and Analysis on the field of software, hardware of computer and mobile phone by a Japanese Company (hereinafter referred to as...

Question: We would like to set up company of freight transport agency services in Ho Chi Minh City, Vietnam, please advise the legal procedure? Answer: We refer with thanks to your email from which we were requested to advice on establishment of a wholly foreign invested enterprise (hereinafter referred to...

Investor: Hi SBLAW team, I need your service to set up a Tourism Investments Consulting company in Vietnam. It should be a 100% foreign owned limited liability company. Send me your fees and time duration and what documents you need for the same etc.. Lawyer of SBLAW: This is reference to...